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Call Ltd bonds pay an annual coupon rate of 5%. If the investor's required rate of return is now 5% on these bonds, the bonds

Call Ltd bonds pay an annual coupon rate of 5%. If the investor's required rate of return is now 5% on these bonds, the bonds will be priced at:

Question 22 options:

par value

a premium to par value

a discount to par value

it cannot be determined from the information provided.

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